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en-usCopyright 2015 Weblogs, Inc. The contents of this feed are available for non-commercial use only.Blogsmith http://www.blogsmith.com/http://www.autoblog.com/2011/09/05/cheney-admits-he-disagreed-with-bush-on-gm-bailout-in-new-memoir/http://www.autoblog.com/2011/09/05/cheney-admits-he-disagreed-with-bush-on-gm-bailout-in-new-memoir/http://www.autoblog.com/2011/09/05/cheney-admits-he-disagreed-with-bush-on-gm-bailout-in-new-memoir/#commentsFiled under: Celebrities, Etc., Government/Legal, GMFormer United States Vice President Dick Cheney didn't hold back when it came time to write his memoir of his time in office. Cheney has taken shots at everyone from Colin Powell to Condoleezza Rice, and according to The Detroit News, the VP wasn't thrilled about the idea of pulling General Motors out of financial dire straits. The memoir reveals that Cheney would have preferred that the Bush Administration hadn't bailed out General Motors with a $13.4 million rescue package and that he was disappointed, "but not surprised" that the Obama Administration took further steps to keep the world's largest automaker afloat.

Permalink | Email this | Comments]]>bailoutbush administrationcheneydick cheneygeneral motorsgeneral motors bailoutgmgm bailoutobama administrationMon, 05 Sep 2011 10:01:00 ESThttp://www.autoblog.com/feed/21026285/article-comments.xmlhttp://www.autoblog.com/feed/2011/09/05/cheney-admits-he-disagreed-with-bush-on-gm-bailout-in-new-memoir/21026285/article-detail.xml21026285http://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/376x212/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2011%2F09%2F123423481-630op.jpghttp://o.aolcdn.com/dims-shared/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/http%3A%2F%2Fwww.blogcdn.com%2Fwww.autoblog.com%2Fmedia%2F2011%2F09%2F123423481-630op.jpghttp://www.autoblog.com/2010/03/11/ratner-auto-bailout-saved-michigan-from-bankruptcy/http://www.autoblog.com/2010/03/11/ratner-auto-bailout-saved-michigan-from-bankruptcy/http://www.autoblog.com/2010/03/11/ratner-auto-bailout-saved-michigan-from-bankruptcy/#commentsFiled under: Government/Legal, Chrysler, GMWithout the government bailout of General Motors and Chrysler, the U.S. auto industry would likely have two fewer domestic automakers and hundreds of thousands of high paying jobs would be history. The Detroit News reports that ex auto task force chief Steve Rattner recently told an audience at a bankruptcy conference that the state of Michigan and the city of Detroit would have faced municipal bankruptcy if Chrysler and GM were liquidated.